Anthropic and OpenAI launch joint ventures for enterprise AI services
Both AI labs teamed up with major investment firms to create new companies that embed their engineers inside businesses to deploy AI.
Anthropic's venture
- Valued at $1.5 billion, per the WSJ.
- Anthropic, Blackstone and Hellman & Friedman each put in $300 million; Goldman Sachs is also a founding partner.
- Backers include Apollo, General Atlantic, GIC, Leonard Green and Sequoia.
Anthropic described engagements where its engineers sit down with a client's staff, such as clinicians and IT teams at a hospital, to build AI systems together.
OpenAI's venture
- Per Bloomberg, OpenAI's The Deployment Company raised $4 billion from 19 investors at a $10 billion valuation.
- Investors include TPG, Brookfield, Advent and Bain Capital.
Why it matters
The race is no longer only about the best model, but about who can get AI working inside real companies.
Founder and editor-in-chief of Kurd Developers. Phone and tech news on YouTube, Instagram and TikTok.
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